423 N Harvard Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
423 N Harvard Blvd
16 Unit Apartment Building $4,300,000 ($268,750/Unit) 5.20% Cap Rate Los Angeles, CA 90004
Investment Highlights
- RTI Permits for 4 ADU Units
- Very Walkable Most Errands Can be Accomplished on Foot
- Attractive Unit Mix Ten 1+1 Three 2+1 Three 2+2
- Easy Access to the 101 and LA Freeways
- Strong Public Transit Availability Wilshire/Normandie Stop Connections to Red and Purple Lines
Executive Summary
16 units in Koreatown – 5.20% CAP on Current + RTI Permits for 4 ADU.
5.20% Current Cap Rate - 6.80% Cap with ADU Units
12.12 Current GRM - 10.28 GRM with ADU Units
5.20% Current Cap Rate - 6.80% Cap with ADU Units
12.12 Current GRM - 10.28 GRM with ADU Units
Property Facts
| Price | $4,300,000 | Apartment Style | Low Rise |
| Price Per Unit | $268,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 5.20% | Building Size | 11,797 SF |
| Gross Rent Multiplier | 12.12 | Average Occupancy | 88% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.78/1,000 SF |
| Price | $4,300,000 |
| Price Per Unit | $268,750 |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| Gross Rent Multiplier | 12.12 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 11,797 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.78/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Courtyard
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 3 | - | - |
| 2+2 | 3 | - | - |
1 of 1
Walk Score ®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 5521-025-021 | Improvements Assessment | $623,343 |
| Land Assessment | $922,953 | Total Assessment | $1,546,296 |
PROPERTY TAXES
Parcel Number
5521-025-021
Land Assessment
$922,953
Improvements Assessment
$623,343
Total Assessment
$1,546,296
zoning
| Zoning Code | R3, Los Angeles (Multiple Dwelling) |
| R3, Los Angeles (Multiple Dwelling) |
1 of 24
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
423 N Harvard Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.